Filed January 13, 2021 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 111 CONGRESSIONAL BLVD · CARMEL, IN 46032 | Advisory (Plan) | $44,032 |
Filed as: EMPOWER ANNUITY INSURANCE CO OF AME Service code 64 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $14,695 |
AMERICAN UNITED LIFE INSURANCE CO10+ years Service code 15 · EIN 35-0145825 | Recordkeeping | $10,663 |
Filed as: EMPOWER ADVISORY GROUP LLC Service code 28 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $1,543 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,067 | $91,762-69.4% | $67,502-58.4% | $77,643-63.9% |
| Participation rate | 61.3% | 75.9%-14.6pp | 72.9%-11.5pp | 70.6%-9.2pp |
| Annual return | 12.92% | 14.87%-1.9pp | 3512.12%-3499.2pp | 31.24%-18.3pp |
| Employer contribution / active EE | $747 | $3,181-76.5% | $2,731-72.6% | $2,726-72.6% |
| Participant deferral / active EE | $1,743 | $3,903-55.3% | $4,000-56.4% | $4,647-62.5% |
| Admin fee / account holder | $121 | $176-31.0% | $3,998-97.0% | $430-71.8% |